Economics · Economy
A major 'post-colonial imperative' for newly independent India to adopt a planned economy model was the critical need to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Quickly integrate the domestic economy with the global capitalist free-market system
- 2Overcome colonial-era economic stagnation and actively direct developmental resources✓
- 3Replicate the laissez-faire economic system of the departing British administration
- 4Immediately dismantle all state-owned public utility enterprises
Correct answer
Overcome colonial-era economic stagnation and actively direct developmental resources
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